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PROJC00053
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PROJC00053
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Last modified
11/19/2009 11:17:49 AM
Creation date
10/6/2006 12:02:19 AM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C153706
Contractor Name
Lower Arkansas Water Management Association
Contract Type
Loan
Water District
67
County
Prowers
Bill Number
SB 96-124
Loan Projects - Doc Type
Contract Documents
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<br />.. <br /> <br />-- <br /> <br />date and at such other place mutually acceptable to the <br />parties. <br /> <br />b. At the Closing Buyer shall execute or obtain and deliver <br />to Seller or Seller's designated exchange escrow agent <br />the cash portion of the Purchase Price payable at <br />closing. <br /> <br />c. At the Closing Seller shall execute or obtain and deliver <br />to Buyer the following: <br /> <br />i. <br /> <br />A special warranty deed conveying The Water <br />Rights to Buyer free and clear of all liens <br />and encumbrances. <br /> <br />ii. <br /> <br />A special warranty deed conveying <br />Land free and clear of all <br />encumbrances. <br /> <br />to Buyer The <br />liens and <br /> <br />Hi. <br /> <br />An assignment, conveyance or any instrument <br />which is deemed necessary by Buyer to assign <br />all of Seller's right, title and interest to <br />the XY & Graham storage account in John Martin <br />Reservoir to Buyer. <br /> <br />iv. <br /> <br />The Affidavit of Use. <br /> <br />v. <br /> <br />An owner's policy of the title insurance <br />issued pursuant to the commitment delivered to <br />Buyer as required herein showing no liens, <br />encumbrances or restrictions except those <br />approved by Buyer, or an agreement from the <br />title company acknowledging that all <br />requirements for the issuance of the policy <br />have been met and that the policy will be <br />issued without any exceptions other than those <br />previously approved by Buyer. <br /> <br />13. Remedies. <br /> <br />a. <br /> <br />Time is of the, essence. <br />either party hereunder, the <br />+0,... t-ho -Ff""\11 ,....,t.r; nf"'r ""~TnQr1; pC! <br /> <br />In the event of default by <br />other party shall be entitled <br />,,"1000 ......+-1-.................: _,.., ..-......,..,....: ..J_..J ..!- <br />
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